Workers' buyout: the Italian experience, 1986-2016
Workers’ buyout (WBOs) are emerging during the present economic crisis as an alternative tool to maintain employment and production. In Italy, in the last thirty years, 258 cases have been recorded. What are their general characteristics? Why do WBOs develop and who are the main sponsors and financing tools? The present analysis aims at defining the phenomenon and the enabling environment. Moreover, primary sources collected from different actors will explain how WBOs have developed and thrived across Italy saving jobs and productive capacity.
cooperatives, cooperative movement, worker cooperatives, employee participation, collective ownership
J54 , J80 , J83 , P13
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